Young Almaty residents are identified who will be able to purchase housing through the Almaty Zhastary program

09 august 2018

In Almaty, within the framework of the Roadmap for Supporting Youth to 2020, the second stage of the housing program for youth Almaty Zhastary was held, which will allow Almaty residents under the age of 35 to receive a preferential loan to purchase their own apartment.

The decision of the housing commission determined 200 participants who successfully passed the selection according to the conditions of the Almaty Zhastary program for passing bank qualification in JSC Zhilstroysberbank of Kazakhstan. The corresponding list is available on the portal www.almaty-zhastary.kz.

The program of concessional lending for housing for the youth of the city of Almaty Zhastary started in Almaty in 2017. Then 1 billion tenge was allocated from the local budget. Of the received 6657 applications, 108 received their loans for the purchase of housing. In 2018 for the preferential housing program "Almaty Zhastary" from the local budget it was allocated already 2 billion tenge.

The uniqueness of the Almaty Zhastary program is a low interest rate - a loan of up to 10 million tenge is granted at a preferential rate of 5% per annum. The loan repayment period is calculated individually, for solvency, for a period of 3 to 25 years.